UP Stamp Act | 2021 Amendment Imposing Limitation On Refund Not Applicable To Agreement Entered Prior To Amendment: Allahabad High Court

The Allahabad High Court recently quashed an order rejecting the refund of stamp duty paid by the petitioners, stating that a retrospective amendment in 2021 to the U.P. Stamp Act imposing a limitation period cannot extinguish the right of the petitioners, who had entered into an agreement before the amendment was introduced. The Court emphasized that the right to claim the refund of unused stamp duty remained intact despite the…